Passion, compassion, humor, style and real success for our clients has made them and us thrive. We believe we are unique in the way we work with clients. They are like members of our family, and they know it. Some of them have been with us for over 30 years, which is the entire time we have been in business in the Napa Valley. We cherish these relationships and are just as loyal to them as they are to us.
Paul moved to the Napa Valley in 1990 after spending most of the 1980’s working with many of the largest financial services firms on Wall Street. They were his customers while he was President and CEO of Angeles Securities Corporation in Los Angeles. He quit that job in spring of 1989, disgusted with what he perceived to be the self-serving practices and conflicts of interest many firms had, including Angeles.
He didn’t know anyone in the Napa Valley. He didn’t know exactly what he wanted to do, except to live a good and meaningful life. After interviewing for several jobs, with Wall Street firms, he decided that none of them had anything to offer him. He set up a small, one-man practice, to offer financial planning, investment counseling and objective honest advice.
The practice grew from 1990 to summer of 1998 by which time he had met his future wife, Meghan. They formed 5T Wealth, LLC (5T) as an independent RIA in June of 1998, with another partner who has since retired. The intent was to be “The Antidote to Wall Street”, providing sound advice, good investments without conflicts of interest, and become an integral part of the Napa Valley community.
Paul has become an integral part of the Napa Valley Community. He was a Rotarian for over 25 years. He’s been on multiple boards and served multiple non-profits.
By the early 2000’s all of Napa County’s community banks had sold out to larger regional or national firms. U.S. Congressman Mike Thompson asked Paul if he’d consider starting a new community bank. He accepted that challenge and became co-founder, investor, and director of Napa Community Bank, which served the local community for several years before selling to Rabobank.
After the 2008-2009 financial crisis the Chairman of the Board of Bank of San Francisco came to Paul asking if he would be interested in providing capital and taking a seat on their board, so that they could buy out Capitol Bancorp, their majority shareholder, and become a totally independent community bank. Paul served on their board from 2010-2013, helping to position the bank for further growth as a completely independent company.
He is currently a director of a private family foundation serving deserving children in the Valley in different ways, from preschool through college.
Paul enjoys being part of what he describes as “the best team we’ve ever had at 5T”. He is extremely proud of the 5T team and the relationships we’ve built with clients over the years. We still serve clients that started working with Paul in 1990.
Paul and Meghan enjoy their private lives spending time on the golf course and tennis court, when they’re not spending time with their family and friends, or working out in their gym. After raising their daughter to be an alpine ski racer, they now enjoy traveling to warm places with great beaches.
Meghan and Paul Krsek started working together in 1998. Paul had run a successful practice from 1990 through 1997, but always struggled with running the company while also trying to successfully manage money for clients. Meghan proposed a solution. She would run the company and Paul would manage the client’s assets. 5T Wealth was founded on the strength of that solution and it has worked well for 20 years.
Meghan and her team manage all accounting and quarterly financial reporting for both 5T Wealth and our family office clients. She works closely with two accounting firms in the annual preparation of all financial reporting and tax filings for 5T Wealth and our family office clients.
Meghan holds a Bachelor of Science degree in accounting from Sonoma State University in Sonoma, Ca. Professional memberships include the Institute of Management Accountants (IMA) and American Society of Women Accountants (ASWA).
Meghan worked in public accounting for 10 years and was the CFO of an Italian import wine company prior to joining Paul at 5T.
Meghan is a native of Napa, CA. She gives back to her community through personal involvement with the food bank, the Humane Society and global coral reef research. She spent years traveling the world photographing life under the sea.
The best description of Hien is probably “jack of all trades”. We have never found a job that Hien can’t do. That flexibility is invaluable in a small business and in an industry where change is constant. It is also critical in managing the affairs of multiple family office clients, all with very different needs and personalities.
Hien also epitomizes “team work”. She comes to work every day with one agenda, that is to serve our clients to the best of her ability. Whatever that takes, and whoever that takes, are the resources she brings to the job.
In recognition of her incredible dedication Hien became a partner in 5T Wealth during 2016.
Prior to joining 5T Wealth Hien had been in the wealth management industry for approximately 15 years. She was originally with LPL Financial Services in Southern California and later with a wealth management firm in Marin County.
Hien and her family live in Marin County.
Chris is the Chief Investment Officer at 5T Wealth and is dedicated to working with our clients to create customized investment and financial planning solutions. Chris brings additional investment experience to 5T Wealth along with analytical capabilities and empathy to his work with clients. Chris joined 5T because he found a firm that resonated with his desire to put the clients first and treat them like family. Chris says “I believe that great financial advisors take the time to really understand their clients first. You need to understand the client’s situation and goals before you can know what investment strategies or estate planning strategies are right for them."
Prior to joining 5T Wealth, LLC, Chris served as a Founding Partner and Senior Advisor for Delegate Advisors. At Delegate Advisors, Chris worked with families to create financial plans based out of the San Francisco office. Prior to Delegate, Chris worked as a Manager at Brownson, Rehmus & Foxworth (“BRF”), a financial advisory firm based in Menlo Park, California. Before BRF, Chris worked in Accenture’s Strategic Planning and Analysis group and in JP Morgan Asset Management’s Equity Research group.
Chris graduated cum laude from Georgetown University with a double major in accounting and finance. He also holds the Chartered Financial Analyst designation and the Certified Divorce Financial Analyst designation. He lives in Napa with his two sons, Alex and Nathan, and is an active member of the Napa community. Chris serves on the Board of Directors for ParentsCAN and on the Napa Advisory Board of 10,000 Degrees. He is also a volunteer coach for Napa United.
Jessica joined 5T Wealth in 2015 and is the Client Services Director and Marketing Manager. As Client Services Director, Jessica is the lead for day-to-day account operations and administrative tasks. She is also the point of contact for all advertising and promotional opportunities. Jessica’s goal is to make all clients feel comfortable and at ease. She enjoys providing the service and trust to create long lasting relationships with our clients
Before joining 5T Wealth Jessica worked in the banking industry for both Union Bank and Tamalpais Bank. She joined Tamalpais bank in 2008 as an Administrative Assistant to the Market President while providing additional support to the Marketing and Operations departments. She joined Union Bank upon their acquisition of Tamalpais Bank in 2010 to support the Regional Managers of Northern California.
Jessica’s caring, amiable and task-oriented style is reflected in her work at 5T Wealth and her contributions to her home community of Petaluma. She has volunteered for the Board of Petaluma Animal Services, American Heart Association and Canine Companions for Independence.
Jessica lives in Petaluma with her husband, Sean, and their dog, Olly.
Marissa came to 5T Wealth in May of 2018 with over 25 years in Finance and Accounting, including a career as a Certified Public Accountant (CPA) in the Philippines.
With 5T she is specializing in accounting and record keeping for our family office clients.
She also holds a California Real Estate Broker’s license and has an eye for high end housing in the Bay Area.
She has attempted retirement a couple of times and found that it doesn’t quite suit her yet. We were lucky enough to bring her out of retirement.
Marissa and her husband live in the East Bay and are proud parents to 3 children and grandparents to 5 grandchildren. In her spare time, she loves cooking, gardening and spending time with her family.